Sixth — The f Accumulated Fund was in creased during the year by the sum o £742)311 equal to 71 per cent of the gross premiums received. Seventh— The deaths among lives assured were 649 under 738 policies, causing claims upon the Society amounting to J8299}602, irrespective of Bonus additions, while the number expected according to the Tables used in estimating the liabilities would have been 1143, for an amount of £438,---976) the mortality experience being thus extremely favourable. Eiohth— The receipts from interest and rents were £516,832, an amount exceeding the sum paid for the claims by £$38,952. Ninth— The expenses of Management were only 9.5 per cent, of the total receipts, Tjsnth-— The cash surplus divided for the year 1889 was £426*494, being at the rate of 41.5 per cent, on the premiums received. The operations of the Society during the 41 years of its existence may be summarised as under — It has issued 141,907 policies, assuring £49,417,717* It has paid to the representatives of deceased members over £4,---000,000 in satisfaction of death anp matured claims. Tt has divided among the members cash bonuses aggregating over £4,000,000, yielding reversionary additions of over £8,000,000. It has acquired an Accumulated Fund of £9,000,000, All invested to yield fully 6 pex* cent. interest. /•. s?ets New Zealand— £l ,273,sl4 EDWARD W. LOWE, Resident Skcbetary, Branch Office — Custom House Quay, j Wellington | Foxton Agents— THYNNE, LINTON & CO. JOHN AHEHN I'egs to announce that he bnt commenced business on his own so* count as a IK h eelwritfht In those premises lately occupied by Jeukinß & Co., Hall Street, Foxton. < nrt* Iniiltto any size, and Buj»giei« i.nd Traps repainted and vui'hished on the premises. nAMPBBLLTOWN Mr James Tanning is acting as my agent for Campelltown and dis. trict, aud he has authority to receive a?l subscriptions to paper and to take instructions for advertisements and job printing. ERNiST S. THYNNE, Proprietor Manawatu Herald. Central Hotel, Next to the Thbatbk Royal, THE SQUARE, PALMERSTON NORTH MAURICE CRONIN, (Late of the Cricketers' Arms Hotel Wellington,) HA.S takeD over the above Hotel, and hopes to receive the same patronage bestowed upon Mr Cai* mody. Meals for early and late trains. Ales, Beers, Wines, and. Spirits oftbe Beat Brandt Only kept in stock. First-class accommodation for Per manent Boarders and tbe Travellioj [ Public lOHNI OHN W ESTWOOD BLACKSMITH and SHOEB HALL STREET, FOXTON. All kinds of fladtsmiihing e» ' fc«ii«*J vMli dceflttlfch and cove.
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Manawatu Herald, Volume III, 17 November 1891, Page 1
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403Page 1 Advertisements Column 4 Manawatu Herald, Volume III, 17 November 1891, Page 1
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